Currently Bitcoin prices are bouncing between $98,000 to $105,000 range with high resistance to break its recent ATH.

With other cryptocurrencies following BTC’s trail bearish retests and market pullbacks are at play.

The Lunar New Year is a fascinating period for financial markets, and cryptocurrencies are no exception.

Historically, we’ve seen increased trading activity driven by cultural traditions like gift-giving and year-end bonuses, with some investors allocating a portion of their wealth into digital assets.

This influx of liquidity can lead to short-term price surges, though the sustainability of such movements depends on broader market conditions.

At the same time, holiday celebrations in East Asia often bring a slowdown in institutional trading, which can create periods of lower liquidity and higher volatility.

Another interesting development is DeepSeek, China’s latest AI-driven search engine, which has sparked discussions on the intersection of AI and blockchain.

While its direct impact on Bitcoin remains uncertain, the growing focus on AI-powered financial tools could eventually strengthen digital asset adoption worldwide.

Meanwhile, anticipation around US crypto regulations continues to be a key driver. With expectations of clearer frameworks and institutional engagement, regulatory clarity—particularly around Bitcoin ETFs and compliance measures—could provide a major boost to market confidence.

Ryan Lee, Chief Analyst at Bitget Research